(CercleFinance.com) – Consolidated revenue amounted to 331.9 million euros in the first quarter of 2022-2023, up 28.5% with current data compared to the previous financial year. Restated on a like-for-like basis, it posted growth of 23.7%.
Sales for the Vegetable Seeds division amounted to 105.4 million euros, up 4.0% with current data and 0.4% like-for-like. Sales for the Field Seeds division amounted to 219.5 million euros, up 48.1% with current data and 41.9% like-for-like.
The Company confirms the annual objectives presented last October. It targets an increase in consolidated turnover of between 6% and 8%, excluding the positive impact of the EGalim law (which will however be neutral on the level of operating profit) and a current operating margin rate of at least 8% .
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